SPAC RF Acquisition II files for a $100 million IPO, targeting deep tech in Asia
SPAC RF Acquisition II files for a $100 million IPO, targeting deep tech in Asia
RF Acquisition II, a blank check company targeting the deep tech sector in Asia, filed on Monday with the SEC to raise up to $100 million in an initial public offering.
The Singapore-based company plans to raise $100 million by offering 10 million units at $10. Each unit consists of one share of common stock and one right to receive one-twentieth of a share upon the completion of an initial business combination. At the proposed deal size, RF Acquisition II would command a market value of $131 million.
The company is led by CEO and Chairman Tse Meng Ng, the co-founder and CEO of Ruifeng Wealth Management. It plans to target the deep technology sector in Asia, including artificial intelligence, quantum computing, and biotechnology. In particular, it plans to focus on businesses with compelling economics and clear paths to positive operating cash flow, among other characteristics.
Management's previous SPAC, RF Acquisition (RFAC), announced a merger agreement with Singapore-based video game publisher GCL Asia in October 2023.
RF Acquisition II was founded in 2024 and plans to list on the Nasdaq under the symbol RFAIU. EarlyBirdCapital is the sole bookrunner on the deal.
一家名爲RF收購二號的空白支票公司，專注於亞洲深科技板塊，週一向SEC備案擬通過首次公開發行籌集1億美元。
總部位於新加坡的該公司計劃通過出售價格爲10美元的1000萬股份籌集1億美元。每個股份由一份普通股和一份權利組成，在首次業務組合完成後，每20股有權獲得1股。按擬議的交易規模，RF Acquisition II將擁有1.31億美元的市值。
該公司的CEO和董事長是方正證券的聯合創始人兼CEO Tse Meng Ng。它計劃瞄準亞洲的深科技板塊，包括人工智能、量子計算、生物技術等領域。具體而言，它計劃關注具有強有力的經濟特徵和明確的正面運營現金流路徑的業務，等等。
管理層此前的SPAC，RF Acquisition（RFAC）於2023年10月宣佈了與總部位於新加坡的視頻遊戲開發商GCL亞洲的合併協議。
RF Acquisition II成立於2024年，計劃在納斯達克上市，股票代碼爲RFAIU。EarlyBirdCapital是該交易的唯一承銷商。
譯文內容由第三人軟體翻譯。